WTI Crude Oil Intra-day Analysis 17 July 2020

Further Advance

Our Pivot:40.33

Our Preference: Buy above 40.56 with strict stop loss of 40.33 and target at 41.13 and 41.43.

Alternate Scenario: Downward penetration of 40.33 will call for 40.01.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.